Dec 9, 2012 3:00pm PST
in massachusetts, linda lackl, a twice-elected governor of hawaii, running for the senate, and other wilson in new mexico, who were good statewide candidates with good credentials who lost for one reason, they had (r) next to their name. this is an albatross. this is a problem for republicans to deal with, and the president knows he has an advantage and the republicans have to get beyond this is a day are going to become competitive. >> any wiggle room in the house, charles? >> i don't understand when colby says for the president raising rates is a matter of principle. there was no principle involved. obama himself said at a briefing in july 2011 press conference that you can raise the $1.20 trillion that he wanted at the time without raising rates, by doing it by eliminating deductions and exclusions, which is the more rational way. obama's, and debt reduction commission had recommended that you raise tens of revenue for the federal government, you do tax reform, and you actually lower rates while you expand the base, and the reason is that if you raise rates, you injure economic expansion, if yo
Dec 6, 2012 3:00am PST
in washington, d.c. i bet you if you could hold another election in january if they allow that to happen, republicans would lose control of the house. i think this is going to be their downfall and i believe more and more republicans privately understand that. and they're worried. they're worried. i don't think politically they can afford to stick to their guns and if they do, you know, they're going to pay the price. victoria is in warwick rhode island. good morning. >> caller: hi, how are you? >> bill: i'm good. what's your point this morning? >> caller: my point is i'm sick and tired of their domination. you know? >> bill: yeah. and they lost the election, right, victoria? >> caller: i know. but they still -- this is all about domination. they want to call the shots. and it's time for them to get kicked to the curb! if not into the middle of the street! [ laughter ] you know? this baloney. they have been so destructive for the last four years. not only that, so insulting to our own president. we've never b
Dec 5, 2012 3:00pm PST
is back with us tonight and looks at a couple of the top republican contenders for the next election cycle. >> as the republicans digest mitt romney 2019 defeat, former running mate paul ryan and surrogate marco rubio the florida u.s. senator are openly joking about and already testing message for the 2016 g.o.p. race for the presidential nomination. >> see you at the reunion dinner, table for two. do you know any diners in iowa? >> thank you for your invitation in iowa and new hampshire. i will not stand by and watch people of south carolina ignored. >> rubio received the second annual jack kemp foundation award last night. ryan a kemp protege received the first award last year. ryan mentioned fighting poverty 15 times last year and distanced himself from the romney infamous remark of the 47% who don't pay federal income taxes. >> both parties tend to divide americans to our voters and their voters. let's be clear. republicans must steer far clear of that crap. >> rubio emphasizeed expanding the g.o.p. big tent and describing voters will determine the future of the country and the g.o.p.
Dec 5, 2012 6:00am PST
for payback for their votes. >> after the election of jimmy carter, he went to washington, d.c., he came back with some bacon. that's what you do. our people in an overwhelming way supported the reelection of this president and there ought to be a quid pro quo and you ought to exercise leadership -- of course not just that, but why not. martha: you have got to bring home the bacon according to that councilwoman. many cities and state are in the same situation. will they make the same request of the president and washington? stuart, what do you think about that piece of tape there? >> finally it has been said in public. the detroit city councilmember saying publicly we deserve a bailout. detroi indeed vote overwhelmingly for president obama. 73% of the vote went for president obama. detroit will probably run out of money within days. the word bankruptcy is being applied to the city of detroit. she says there ought to be a quid pro quo, why not. she is publicly calling for what amounts to a federal bailout. it would be called help for the city, help for the states. but you asked it. who is next
Dec 5, 2012 4:00pm PST
't know whether you are ready to start thinking about america's next presidential election. a new poll shows who people say they would back to succeed president obama. also, we'll show you how a couple of possible republic candidates are already putting together the framework for 2016. >> the old ways won't do. we need new thinking and renewed efforts from all americans. >> big government is not effective government. big government has never worked. >> you will see how two potential presidential hopefuls are laying out their vision for their party's future, that's next. [ male announcer ] with 160 more miles per tank, the distances aren't getting shorter. ♪ the trucks are going farther. the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. [ "the odd couple" theme playing ] humans. even when we cross our "t"s and dot our "i"s, we still run into problems -- mainly other humans. at liberty mutual insurance, we understand. that's why our auto policies come with accident forgiveness if you qualify, where your rates won'
Dec 6, 2012 2:30am PST
election campaign. >> and overseas, protests get violent in egypt where the once stable nation appears to be on the verge of crisis. first, let's get to the news live at 5:30 here at 30 rock in new york city. we begin with 25 days to go until the year end fiscal cliff deadline for the first time in days president obama and speaker boehner spoke on the phone yesterday. both men agreeing not to publicly characterize how the conversation went. but the stalemate in negotiations entered bold new territory yesterday with treasury secretary tim geithner suggesting the white house is ready to go off the cliff if republicans refuse to raise taxes on the top 2%. >> if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> absolutely. again, there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest members. only 2%. the size of the problem in some sense is so large it can't be solved without rates going up. again, there is broad recognition of that reality now. >> one fallback option, republicans are rep
Dec 5, 2012 4:00am PST
, the former companisy campaign manager of president obama's re-election campaign. howard kurtz the host of "cnn's reliable sources" lauren ashburn, republican from texas, congressman jeb hensarling with us, randy weingarten, president of the american federation of teachers. all guests this morning. wednesday, december 5th, and "starting point" begins right now. >>> our "starting point" this morning, president obama putting his foot down. he says no tax hikes for the wealthy, no deal. america hits that fiscal cliff in 27 days and that means tax hikes and deep spending cuts if the democrats and the republicans can't come together in some kind of a deal and with just ten days remaining until congress is scheduled to go home for the holidays, the clock ticking. here's what he told bloomberg news. listen. >> we're going to have to see the rates on the top 2% go up and we're not going to be able it to get a deal without it. >> we start this morning with white house correspondent dan lothian, he's in washington, d.c. okay. so who's got the ball in their court at this point then, dan? >> well,
Dec 6, 2012 10:00am EST
do well. having said that, welcome again, mr. secretary. just days after the president's re-election, the f.h.a. released its 2012 actuarial report which revealed that the economic value of the f.h.a. fund has fallen to negative $16 billion. a lot of money. that means the fund's capital reserve ratio, as i understand it, now stands at a negative 1.44%. this news is obviously very disturbing to us and to the secretary. for those of us who have long been concerned about the health of the f.h.a. for years the problems of the federal housing administration have been well-known. during the housing boom, the f.h.a. unweissly, i thought, guaranteed -- unwisely, i thought, guaranteed millions of risky mortgages with low down payments to borrowers with poor credit scores. we are reaping that now. these mortgages have resulted in billions of losses to the f.h.a. the federal housing administration has made matters worse, i think, by failing to come to grips with the magnitude, mr. secretary, of the problems. back in 2007, as the federal housing administration's poor financial position was becom